Presenting 176-178 Newton Street, this turnkey, stabilized property consists of 5 residential apartments including (2) 1 bedroom/1 bathroom units, (1) 2 bedroom / 1 bathroom unit, (1) 3 bedroom / 1 bathroom unit, and (1) 3 bedroom / 1.5 bathroom unit w/ private basement. Three units have been substantially updated in recent years including updated kitchens, bathrooms, flooring, and electronic keypad access. Additional building improvements include full repointing of fieldstone foundation, upgraded gas service by National Grid with installation of (5) new unit gas meters, installation of (4) Viessmann and Lochinvar combination boilers, new coin-op laundry services, (2) upgraded electric panels, and upgraded common areas. There is plenty of on-site parking including 8 off-street parking spaces for residents. An ideal investment or 1031 exchange opportunity in a rapidly growing Boston suburb.
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Last Updated: June 16th, 2024 at 4:17am
Highway Access
House Of Worship
Shopping
Medical Facility
Public Transportation
University
General Information for 176-178 Newton St, Waltham, Massachusetts 02453
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,900,000
Price per sqft$413.22
MLS #73225884
Handicap Access / FeaturesNo
List Date2024-04-18
Special Listing Conditions
StateMassachusetts
Street NameNewton St
CityWaltham
Zip Code02453
CountyMiddlesex
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones5
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total4598
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress176-178 Newton St, Waltham MA 02453
Zoning
Interior Features for 176-178 Newton St, Waltham, Massachusetts 02453
* Approx. Living Area Total4,598 sq ft
Living Area Includes BasementNo
Bedrooms10
* # Fireplaces0
Bathrooms (Total)5.5
Full Baths5
* # Half Baths1
* # Rooms
Basement
Heating System
Appliances
0
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)South Waltham
MLSPIN_BEDRMS_11
MLSPIN_BEDRMS_23
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_41
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$35,692
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_21
MLSPIN_H_BTHS_3 1
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 176-178 Newton St, Waltham, Massachusetts 02453
* Approximate Lot Size0.16 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces8
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)7,108 Sqft
Disclosures for 176-178 Newton St, Waltham, Massachusetts 02453
Buyer Agent Compensation2%
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREY
Lead PaintCertified Treated
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation1%
TransactionBrokerCompensationType%
BuyerAgencyCompensationType%
Financial Information for 176-178 Newton St, Waltham, Massachusetts 02453
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$143,359
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_22
MLSPIN_LEVELS_32
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT12400
MLSPIN_RENT22400
MLSPIN_RENT33527
MLSPIN_RENT41850
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$108,667
OperatingExpense$35,692
OriginalListPrice$2,000,000
RENT_FEE_INCLUDES
TOTAL_RENT12277
WaterSewerExpense$0
Lifestyle Information for 176-178 Newton St, Waltham, Massachusetts 02453
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 176-178 Newton St, Waltham, Massachusetts 02453
Elementary School
Middle School
High School
NumberOfUnitsTotal5
Marketing History for 176-178 Newton St, Waltham, Massachusetts 02453
MLSPIN_MARKET_TIME_BROKER58
MLSPIN_MARKET_TIME_PROPERTY58
PurchaseContractDate
Agent Information for 176-178 Newton St, Waltham, Massachusetts 02453